New York Environmental Restriction Easement

State:
Multi-State
Control #:
US-EAS-10
Format:
Word; 
Rich Text
Instant download

Description

This is a sample form for use in transactions involving easements, an Environmental Restriction Easement. Requires a specific property to be subject to covenants, restrictions and easements as part of an order from federal court litigation.
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FAQ

(An easement grants a long-term right to use or occupy the land for a specific purpose.) The DNR may issue an easement to cross state-owned lands for the purposes of constructing and maintaining roads. However, the DNR is not required to issue easements upon request.

Environmental easement means a legal restriction on a property that grants a real property interest to the State to enforce maintenance requirements, monitoring requirements, or land use restrictions.

Drawbacks Of Conservation Easements Most conservation easements are permanent and bind all future landowners (including heirs). Conservation easement holders and farmers may not always share a common vision. Conservation easements can reduce the property's overall value, making the land worth less for future sales.

Not everyone wants to buy property with an easement on it, so the property with the easement may take longer to sell. If you and your neighbor share a driveway due to an easement, and if you're the servient property, you can't stop your neighbor from using the driveway.

A conservation easement is a voluntary, legal agreement that protects the natural resources of a parcel of land by restricting future land use and/or development on the property "in perpetuity" (permanently).

Environmental easement means a legal restriction on a property that grants a real property interest to the State to enforce maintenance requirements, monitoring requirements, or land use restrictions.

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New York Environmental Restriction Easement